Recurring Billing Merchant Accounts

Recurring Billing Merchant Accounts

Recurring billing merchant accounts are ideal for merchants that offer subscription services. These accounts provide a great way via which your business can enhance customer retention, grow customer loyalty and enhance their checkout experience. In addition, you can use these accounts to automate payment processing while reducing the operating costs.

In most cases, recurring billing works hand in hand with direct debits and debit orders. Nevertheless, debit and credit cards recurring billing offers similar convenience when it comes to monthly collection. It also provides faster funding, global reach and real-time authorizations. Cardholders have their reasons for wanting to pay using cards such as interest-free payments, ease of the payment process and loyalty rewards among others.

Benefits of our recurring billing merchant accounts

Our recurring billing merchant account lets you enjoy a wide range of benefits as a merchant. They include the following:

Increased enrollment in the e-billing

Satisfying the demands of the options of payment card

Improved business forecasting and cash flow

Improved collections

Reduced delinquencies

Flexibility in the payment schedules

Enhancing customer retention, loyalty and overall satisfaction

Businesses that need a recurring billing merchant account

If your business engages in direct billing, it can benefit from a recurring billing merchant account via subscriptions and fees collections. Among the businesses that can benefit from this account include companies that offer the following:

Insurance services

Online services

Utility and real estate solutions

Health and medical services

Telecommunications and digital services

Subscriptions and membership services such as those of health clubs

Even municipal and educational institutions can also benefit from this account. Today, thousands of people use credit cards to pay for products and services online. Having a recurring billing merchant account enables your business to accept payments from customers across the world. It also enables you to process payments in different currencies.

Additionally, the account enables you to expand your business because you will be able to accept payments from different customers using different credit cards and currencies. We have taken adequate appropriate measures to ensure safety of your transactions. Even if your business is considered by your local business as a high risk entity, contact us today and we will help you.

Our recurring billing accounts have enabled many companies to expand and achieve their goals. Talk to us today to inquire more about our recurring billing merchant accounts and why they are beneficial to your business.

Frequently Asked Questions

What is TMF or Terminated Merchant File? MF or terminated merchant file refers to a list of merchants whose accounts have been terminated for a reason. TMF does not exist but the term is still used commonly in reference to MATCH file.Read More